The increased petrol prices came into effect immediately. The prices, which did not increase for around five months due to Assembly elections in various states, started increasing after the results. Earlier, the price of a liter of petrol was Rs 108.20 and now it is Rs 109.10. Diesel price has risen to Rs 95.50 from Rs 94.62 earlier (Thursday rate).
The twin cities and suburbs sell 40 lakh liters of petrol and 43 lakh liters of diesel per day. As of this calculation day, an additional burden of about Rs 36 lakh is being placed on the city dwellers on every single day only for Petrol. For each two-wheeler, the additional burden is around 300 Rupees. There are about 45 lakh consumers of petrol in the twin cities. Meanwhile, the experts say the price will increase further.
On the other side, the Petroleum companies also hiked the price of domestic gas cylinders by Fifty rupees. In Hyderabad, each 14.2 Kilos domestic LPG cylinder costs 1002.2 Rupees. This excludes the delivery charges of around 30-50 Rupees charged by the delivery boys. The cost of the gas cylinder has gone over 1000 Rupees for the first time after independence burdening the common man.